Peter Canelo
Peter Canelo
begin break earnings fourth incredible lead middle next people sometime upside year
I think techs are not as overvalued as some people believe. I think they're going to have incredible earnings next year and I think they're going to lead an upside break out in the market, which should begin sometime in the middle of the fourth quarter.
control deflation inflation price producer
With inflation really under control and deflation at producer price levels, I don't think they'll do anything.
everybody excited last
Everybody is all excited about this, but the Dow is the last one to go to the party.
low means technology
But even if you see a low in the technology stocks, I don't necessarily think that it necessarily means we are going back to the races.
I think that's going to be a real plus.
extended stocks
It could be an extended consolidation in the 'new economy' stocks that could take us through the end of the year.
anymore clearly federal march market question raise reserve whether
I think the market is clearly getting used to the idea that the Federal Reserve is going to raise rates. I don't think it's a question anymore of whether they do it in March or not. If they don't do it in March, they (will) do it in April. The real question now is how much do they do it (and) when they do it.
companies failed
I think the index has failed to keep up with the times. There are too many companies missing.
looked
We looked for that recession. We couldn't find it.
next profit taking
We'll probably see some profit taking going into next month.
government
We still have a lot of uncertainty with Brazil, and with what the government will do or not do.
bonds last market stock three yields
In the last three years, bonds have done OK, with yields around 6 percent. But the stock market has more than doubled.
care fine investors money pull scared
International investors get scared and pull their money out of these stocks. They don't know what impeachment is, they don't care about the fine points. But they're scared.
direction dollar fortunes gone moved
As Clinton's fortunes have gone up and down, the dollar has moved in the same direction.